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At 03:10 PM; the S&P BSE Smallcap index, the highest gainer amongst broader indices, was up 1.01 per cent, as in comparison with 0.97 per cent rise within the S&P BSE Sensex. In previous 4 buying and selling days, BSE smallcap index rallied 5.3 per cent, as towards 3.6 per cent rise within the benchmark index.
Whole 24 shares from the BSE Smallcap index hit a 52-week excessive, whereas 23 shares had been locked in higher circuit on the BSE. The record embrace Atul Auto, KEI Industries, Apar Industries, AIA Engineering, Pricol, Neuland Laboratories, SML Isuzu, Vardhman Particular Steels and Common Cables.
Shares of SML Isuzu and Atul Auto rallied as much as 30 per cent up to now two buying and selling days. The shares hit their respective 52-week highs in Wednesday’s intra-day commerce on reporting wholesome March auto gross sales numbers.
SML Isuzu surged 8 per cent to Rs 954.95 on the BSE in intra-day commerce on Wednesday, zooming 30 per cent in over final two classes. The inventory of the business automobiles firm surpassed its earlier excessive of Rs 887.80, touched on October 7, 2022. As compared, the S&P BSE Sensex was up 1 per cent throughout the identical interval.
The corporate reported a 59 per cent year-on-year (YoY) soar in complete gross sales at 2,169 models in March 2023. It had bought complete 1,363 models in March 2022.
Shares of Atul Auto soared 8.4 per cent to Rs 401 at the moment, surpassing its earlier excessive of Rs 397.70, touched on February 17, 2023. Previously two buying and selling days, the inventory has rallied 28 per cent after the three-wheeler maker reported a pointy surge in complete month-to-month gross sales.
Shares of Pricol jumped 5 per cent to hit a report excessive of Rs 228.60 in intra-day commerce at the moment attributable to heavy volumes. Previously 10 buying and selling days, the inventory of the auto parts & equipments firm has zoomed 30 per cent. Right now, it surpassed its earlier excessive of Rs 219, touched on February 17, 2023.
The common buying and selling volumes on the counter jumped three-fold. A mixed 2.7 million shares, representing 2 per cent of complete fairness of Pricol, modified fingers on the NSE and BSE.
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